Where do African Americans spend their money?

As the buying power of African Americans has increased over the past several years, this group of minorities spends more on dining out and a wide range of entertainment expenses, from High tech gadgets and event tickets to home entertainment equipment, said Dr. Jeffrey M. Humphreys, Selig Center director and the report's author.
Humphreys' observation is based on the most recent data on minority buying patterns available from the U.S. Bureau of Labor Statistics. Between the years 1997 and 2002, African American households increased annual spending on entertainment by 28.9 percent (from an average of $872 to $1,124), while Hispanic households boosted their yearly entertainment budgets by 23.9 percent (from an average of $1,137 to $1,409).
Spending on eating away from home in African American households increased by 43.6 percent (from an average of $1,056 to $1,517 a year) over the same five-year period, with Hispanic households increasing spending at restaurants by 34.3 percent (from an average of $1,506 to $2,023 a year).